The president of the European Central Bank (ECB), Christine Lagarde, does not foresee a scenario of stagflation (inflation with economic stagnation), but recognizes that in the short term the rise in energy prices and the necessary acceleration of the energy transition will cause a rise in prices . “We do not currently see elements of […]
Tag: ECB
ECB must not ignore inflation driven by green transition
Europe’s transition to a greener, lower-carbon economy carries a cost that monetary policy cannot ignore, according to Isabel Schnabel, a member of the Executive Board of the European Central Bank. The continent is facing aprolonged period” of upward inflationary pressure due to natural disasters, a reliance on fossil fuels and high demand for scarce resources […]
ECB willing to adjust debt purchases to the evolution of Russia’s invasion of Ukraine
The purchase of debt by the European Central Bank (ECB) may be adjusted to the evolution of the economic consequences of the war in Ukraine after the Russian invasion, admitted its president, Christine Lagarde, who declared that “options remain open” in that area. “We have decided that if the outlook changes and financial conditions become […]
Inflation in the euro zone may skyrocket to 7% in 2022 due to the war
Inflation in the eurozone countries could exceed 7% in 2022 as a result of the impact that the war in Ukraine has on energy and food pricessaid this Thursday the president of the European Central Bank (ECB), Christine Lagarde. Average inflation will probably be around 5.1%added Lagarde, who predicted, however, that the medium-term objective of […]
ECB revises upwards its inflation forecasts in 2022 to 5.1%
Updated on 03/10/2022 04:36 pm The European Central Bank (ECB) has notably revised upwards its forecasts for inflation in 2022 to 5.1% from the 3.2% forecast it made in December. The president of the ECB, Christine Lagarde, said this Thursday at a press conference that “the Russian-Ukrainian war will have a material impact on economic […]
ECB reviews debt purchase schedule due to Russian invasion of Ukraine
The European Central Bank (ECB) stated that the Russian invasion of Ukraine is a turning point and therefore has decided to review the schedule of debt purchases for the coming months. After the meeting of the Governing Council, the ECB reported in a statement that it will end the debt purchases due to the pandemic […]
The European Central Bank anticipates more inflation and uncertainty due to the crisis in Ukraine
The European Central Bank (ECB) anticipated that there will be a rise in inflation, which will be specified in figures on March 10, and more uncertainty in the old continent as a result of the rise in energy prices due to the Russian invasion of Ukraine. Although the president of the ECB, Christine Lagardeconsidered “premature” […]
ECB believes that the war will bring more inflation and more uncertainty
The European Central Bank (ECB) considers “premature” Evaluate the economic impact of the Russian invasion of Ukraine, but anticipates that there will be a rise in inflation, which will be specified in figures on March 10, and also more uncertainty. However, the president of ECBChristine Lagarde, assured, during the meeting of finance ministers of the […]
Panicked ECB Fights to Regain Control of Markets
As guardians of price and financial market stability, the last word central bankers want to be associated with is “panic”. Yet that is precisely the term used by two of the world’s leading observers. European Central Bank (ECB) to describe the message transmitted by the president of the entity, Christine Lagard, since opening the door […]
Market adjusts bets to end negative ECB rates in 2022
Traders and economists aligned their positions on eurozone monetary policy, with both groups now forecasting that the European Central Bank (ECB) will end seven years of negative interest in 2022. Money markets priced around 50 basis points higher for December on Friday, suggesting the deposit rate will rise to zero from -0.5% today. Analysts at […]